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SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

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The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company,
AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary
wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current
basket of renewable energy projects.
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Industry News

Monetary policy, Joburg financial constraints weigh on South Africa’s outlook – BMI

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Given the recent uptick in the US-Iran military exchange and BMI’s shift to a ‘messy negotiation scenario’, the research unit will be reviewing its forecasts over the coming week, but does not anticipate making “significant revisions” to its South African ones for the year.   This was highlighted by research firm BMI sub-Saharan Africa country risk senior analyst Lara Wolfe, speaking in the company’s “Sub-Saharan Africa Macroeconomic Update: Resilience Despite Challenging Global Environment”, webinar on July 21.

ASPI subsidiary, US university sign uranium conversion technology research agreement

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Development stage nuclear fuels company Quantum Leap Energy (QLE) has signed a research agreement with the Texas A&M University Engineering Experiment Station (TEES) to advance and derisk the commercial production of high-purity uranium hexafluoride (UF6), which is a critical feedstock in the existing nuclear fuel enrichment supply chain. This agreement reflects the growing momentum across Texas' nuclear industry and highlights the value of collaboration in strengthening the domestic US nuclear fuel supply chain.

Grain SA dismayed about JSE's maintained single reference point approach for soybeans

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South African grain and oilseed producers are operating under severe financial pressure with narrow margins, rising input costs and substantial production risk, and can therefore not afford additional inefficiencies resulting from a location differential methodology that may not adequately reflect the geographic distribution of soybean production and consumption. Industry body Grain SA says, in this regard, that the JSE's intention to return to a single reference point can create artificial transport assumptions and expose producers in certain production regions to deductions that do not correspond with actual commercial stock movements.

AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF says

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Artificial intelligence could boost Sub-Saharan Africa's economy by about 4% over the next decade with better electricity supply, internet access and digital skills, an International Monetary Fund (IMF) paper showed on Tuesday, but without such reforms the growth dividend could be negligible. As countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks is surging worldwide.

Phase 2 of Trusted Employer Scheme expands access, introduces digital applications

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The Trusted Employer Scheme Phase 2, introduced by the Department of Home Affairs (DHA), significantly expands access to the programme and introduces a fully digital application process, says immigration consulting firm IBN Immigration Solutions Africa and Europe senior director Andreas Krensel. An important change is that Phase 2 no longer follows a single assessment model. Instead, qualifying businesses can now apply under one of three dedicated scorecard pathways, which recognise that different types of organisations contribute to South Africa’s economy in different ways.
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